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onto the streets. steve harrigan streaming live from cairo with the latest. hi, steve. >> reporter: gregg, behind me we're seeing the start of violence at this major demonstration in cairo. you see crowds off to my right, the tens of thousands who have gathered here beginning to run. we've seen tear gas fired as well as molotov cocktails. this big crowd here today, the biggest we've seen in some time, is really in reaction to what the new egyptian president did yesterday, muhammad morsi issuing some stunning information, first, that any decree he issues will be legal and that any declaration he issues is final and cannot be appealed by anyone, including the courts. the new egyptian president has basically, on paper, put himself above the law here saying the courts have no say, and obviously, there's a lot of people -- tens of thousands of egyptians -- who are not happy with it. morsi supporters say this was a necessary move to try to get rid of holdovers from the old regime of hosni mubarak. they say it's only temporary until they get a new constitution. but opponents are furious a
's a trademark. >> greg brown said it, it will stick. >> thank you for coming in. >>> a nation on a cliff, steve rattner, another member of the fix the debt committee. obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is
at the white house briefing. the panel. steve hayes for the "weekly standard." kirsten powers, columnist for the daily beast. syndicated columnist charles krauthammer. okay, steve, it seems with republicans splitting that would be a nonstarter. >> yeah. i would think it would be a nonstarter. one of the very few things that democrats could do at this point to get republicans to run away from the table. i think that republicans came up the day after the election and said look, we are open to new revenues an we understand we want to get new re-knews -- revenues to generate new revenues but we are open to new revenues. they thought of that with the hope and expectation that democrats would come with specificity on the spending cuts or entitlen'ts. however naive the expectation might have been. what we are seeing now is the president seeming to be entertaining any of a number of suggestions, including going over the cliff or decoupling. that would avoid, allow him to avoid having to prevent specifics on entitlements and spending on the things that the republicans were hoping could bring them
-eakin and aol co-founder steve case, at the aspen institute for 30 minutes. >> next we have a panel on america and where it is going, steve clemens -- steve clemons is the empress area of washington ideas. >> hey, folks. everybody is running to the thompson reuters counter. thank you for joining us. great to be with you. i am steve -- steve clemons, editor of large of the atlantic, i want to compliment the museum and tell you how historic this is. this is a jam packed day. the google party is coming up, this is one of three times in the history of the museum that they have allowed an outside group, the other happened to be the president of the united states and madeleine albright when she was secretary of state, this is the third time for a during the day session here, this is a great partnership. i think the -- i have a friend here, allen was the founder of circuit city, just apparently wrote the rise and fall of circuit city and to some degree they are uncomfortable truths, when you think of nations and companies, there are rise and fall stories and the united states is so clean not on the f
campaign manager steve elmendorf and former gingrich senior adviser david winston. good to see you both. >> good to be here. >> david, something else speaker boehner said moments ago, as you know, congressman tom cole broke with most of the rest of republicans saying, look, we should just take the tax breaks for people making under $250,000 a year and worry about the upper-income folks later. john boehner just said no, he doesn't agree with that. what do you think's going to happen here? >> well, the next couple weeks as we begin to sort of lay out these sort of contrasting positions that the president and the speaker have, look, what the spoker's focused on here is, yes, we obviously need to raise more revenue. there's a disagreement in terms between the president and the speaker in terms of how you do that. the speaker's looking at doing things that he believes will not negatively impact the business community, and he thinks what the president is offering will. and so how they work through and resolve that is obviously going to be central to a deal. but there's clearly at this point a
>> gretchen: we're back with photographer steve shapiro. check out his new book. chevy chase story. you are the godfather to whom? >> actually we're godparents to chevy chase's daughter, sydney, who is in that picture. my wife and i. chevy is incredible in terms of playing the piano. >> steve: we'll talk about that in the after the show show. bill: that is cutting it tight. good morning, everybody. breaking news and facing some of her biggest critics. ambassador susan rice goes to capitol hill this hour where she will meet with republican lawmakers who have been furious with her initial remarks on libyan terror attack. how will this story go? that is our lead morning. i'm bill hemmer. martha: i'm martha maccallum. about five days after our consulate was attacked on september the 11th we all remember ambassador rice went on all five sunday shows and said the killing of the ambassador and three other americans was actually the result of a spontaneous mob sparking outrage, those comments did, from top gop lawmakers including these three senators, mccain, graham and ayotte. >> don't we
security adviser steve hadley. >>> plus a new wave against president morsi. >>> and two indianapolis colts cheerleaders save their hair in support of their coach's fight against leukemia. >>> good day, i'm andrea mitchell live in washington. congress is back. grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the speaker does have to b negotiating a deal. >> i did a spit take with my fruity pebbles watching "morning joe" because eric cantor's tone was unlike anything i've ever heard. his office is saying oh, no, he's against raising marginal rates, but it's clear that in the scheme of things, the biggest piece is does john boehner have enough running room to strike a deal i
will flare up. steve? >> reporter: the number of those tents put up by protestors has grown. they are intent to stay there throughout the week but the number of protestors on the street has declined dramatically over the last 24 hours. on late friday there were up to 40,000 people on the square. the protests did turn violent here in cairo and other cities. buildings torched. police cars torched. a lot of tear gas and pepper spray in the shutdowns between protestors and security forces. and morsi and the top justices. many chief justices here in cairo and across the country they will no longer to go work until the president repeals his decrease for a power grab. we're seen what could be a show down on the streets. that is when supporters on tuesday and saying that he is trying to be a dictator will face off. both opponents and supporters of the president hauling out people and major marches expected on tuesday. >> heather: steve, thank you. >> gregg: contest in the background on egypt's president morsi. he was elected in june of this year after a revolution overthrowing president hosni mubara
to the financial system. >> steve, if only the market could focus on just the economy, which actually seems to be chugging along okay. if you look at durables, consumer confidence, the ongoing recovery and housing, it's the overhang of the cliff that's spooking everybody. >> yeah, we've had somewhat better numbers. the new home sales today, not great. maybe sandy affected even though the government said it wasn't. the economy's okay. it may be more of a 2% plus economy in the fourth quarter than is being given credit on the street. it's not gang busters. the question has been for a long time -- by the way, there's some headlines from the beige book. you can see it really did affect the northeast, new york, and new jersey especially. so we'll see some of that in the data in the months ahead. we'll be seeing some rebuilding going on. you know, i would not make a call here on the economy, scott, to say go ahead and invest in the economy. after the fiscal cliff everything is fine. i think there's a reason for cautious optimism, but i don't think there's a reason to think it's going to go gang b
-fire between is rainfall and hamas. steve care began streaming live too cairo with the latest developments right now. steve? >> reporter: jon, this is a key meeting between egypt's president and the chief justices in cairo. already there are hints from the president's side that compromise may be in the offing. perhaps a scaling down of that presidential decree which basically puts the president above the law and above the courts. the judges have been one of the bitterest opponents of the movement by the president. many judges across the country actually going out on strike. we may see a compromise in the meeting. appears the president underestimated the reaction to his decree. four for days in egypt we've seen protests street demonstrations and sometimes violence. in cairo at least 400 people injured in the past days of protest, one person killed and 13 offices of muslim brotherhood, 13 offices of the party that support the president have been ransacked and set on fire. if there is no compromise today there could be more trouble tomorrow. both sides, those who support the president, and th
himself sweeping powers last week. correspondent steve harrigan has the latest from cairo. >> egypt president mohammed morsi is looking for a way out the fire storm he created thursday when he claimed the orders were not subject to review by egypt's court that move sparked four days of violent street in egypt. in the protest, 13 offices of the muslim brotherhood, morsi's chief supporters were ransacked or set on fire. morsi met today with senior judges from the judiciary council looking for a compromise to halt the violence. aides say morsi might be willing to limit the scope of his decree, but not withdraw it entirely. morsi supporters say the increased powers are only temporary, until a new constitution is completed. opponents say it's a power grab and part of an attempt to instill islamic law in egypt. >> we demand the president listen to people who chose it. people elected him so he would defend the people. not to do what he pleases. >> the administration was careful with the words. not overly critical. we raised concerns. that in part answers the questions. >> they reach out fo
watching in cairo. that's where we find our very own steve harrigan with more. >> reporter: jenna, the protesters are out once again in tahrir square tonight but in much smaller numbers than we saw last night. last night the hugest protests so far. as many as 200,000 people in the square. many of them calling not just for president morsi to withdraw his decree for his entire government to fall. as you mentioned, judges, in two of the major courts in egypt have gone out on strike. going out on strike until morsi repeals his decree entirely. for the first time we're hearing about public support for president morsi from his main backers, the muslim brotherhood. up until now morsi supporters have kept away from these demonstrators. now the muslim brotherhood say they will carry outa nationwide march on saturday, a real show of the popular support for the president. it may be that the tactics of the government will simply be hands off on these demonstrators in hopes these protests now after six days will begin to fade. jenna, back to you. jenna: steve harrigan live in cairo on the deve
of course could grow. steve liesman has been crunching the newspaperup i numbers and hn the next hour. this is to try to build up some sort of protection, some massive floodwalls. governor cuomo was saying this would be like $9.1 billion to start building. >> questions about the future of the sec following mary shapiro's exit. elyse walter could run the agent until december 2013 when she would have to be renominated and reapproved by the senate. among the issues, and ongoing battle over regulating the $2.5 trillion money market fund industry, some 63 unfinished rule making requirements that are all part of dodd-frank and continuing fears of course about market stability and high frequency trading. p. >> money markets used to be covered by the fdic when the crisis first came on. >> and also worth pointing out, there was one failure of mary sha piro's time in office, shall was this was it. she wanted to regulate that business. you remember that vote. if there was any regulation, the money market industry claimed they would go out of business because there would be too much collateral se
can thank his stellar campaign team led by steve wolordson, the chairman of the national turkey federation and raised this beautiful bird at miller farm in harrisonburg, virginia. here's steve. and as always, if for some reason cobbler cannot fulfill his duties as the official white house turkey, gobbler will be waiting in the wings. from here, these two -- from here, these two lucky birds will be swept up in a whirlwind of fame and fortune that will ultimately leave them to mt. vernon where they spend their twilight years in the storied home of george washington and later today, michelle, malia, sasha and i taking not so lucky turkeys to a food bank here in washington, d.c. i want to thank jandyl farms in pennsylvania for donating those birds and like to ask every american to do what they can to help families who are in need of a real thanksgiving this year. tomorrow in the company of friends and loved ones, we will celebrate a uniquely american holiday and it's a chance for us to spend time with the people we care about and to give thanks for the blessings that we enjoy and to
things are getting a bit tougher. let's bring in david and steve. happy thanksgiving, guys. thanks for getting up early with us. >> good morning. >> first one to you, david, the staffers have told politico that these talks are off to a rough start and issue is, it's the same, the revenue, how to get it. what congressman tom cole said on "jansing and company" yesterday. >> important as to how you get that revenue. i was disappointed to see leader pelosi say it had to be higher rates or nothing. i don't think that's the way you begin a negotiation. >> what about the possibility of keeping the same rates but eliminating deductions for the wealthy in. >> i think that's a good potential suggestion. >> so you hear that, republicans have opened the door to revenue but not by raising taxes. is that going to be enough? might that be the compromised point? >> if you listen to the white house and top democrats it might not be, because they're saying, i think treasury secretary geithner said the other day that's not enough money. president obama starting negotiations at $1.6 trillion in revenu
is heading back out onto the trail. he does know he won, right? >> i'm steve kornacki. for me of us it's home for the holidays. you get a rare chance to see old friends and distant relatives. the bad news is you get a chance to see old friends and distant relatives. >> i'm making a pledge to my friend grover norquist. you're in "the cycle," and you have my word it's going to be good. >>> the case against ambassador susan rice as a successor to hillary clinton deepens. she went to the hill today to smooth it over with senators mccain, ayotte and graham who criticized her original comments on the deadly benghazi attacks. i picture the conversation between the president and rice going like this. we want you as secretary of state, so go make nice. answer their questions so they stop attacking you and threatening to block your possible nomination. yeah, so how did that work out? >> we are significantly troubled by many of the answers that we got and some that we didn't get. it is clear that the information that she gave the american public was incorrect. >> bottom line, i'm more disturbed now than
at this point. >> reporter: one of the speakers constituents, steve hightower, has a petroleum distribution business, like the economy is doing well. he has known boehner for years and believes the speaker wants to make a deal with president obama to avoid the fiscal cliff and impact on families but also seen washington's disfunction and has his doubts. >> somewhat just like the president, time to go ahead and do your job. >> reporter: speaker boehner is secure enough in his own district here north of cincinnati i-75 that his constituents will give him a freehand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he ultimately strikes with president obama. the next four weeks that is the challenge john boehner, eric canter, and candidates on the house and senate are going to find. how do you put together a deal that not only the leaders agree upon but members of the caucuses can give majority to us in both houses? >> indeed, john, thank you very much. >>> meantime, some important economic data came out today and if you were l
cairo with steve hariggan, standing by live. >> reporter: the numbers are building of protesters here in tahrir square, the number of tents growing as the protesters say they are here to stay and digging in. on the street below me, over the past few minutes, we have seen young protesters, lighting bottles on fire and running. the skirmishes have wounded more than 3 people. we have seen the military begin to move large concrete block, blocking off certain narrow alleyways and protecting government buildings. explosions can be heard behind me. right now, one key thing to watch is where the protests go next. we are expecting major demonstrations on both sides on tth. those who support president morsi and think he is doing what needs to be done. and those who think he is making a power grab, trying to become a dictator. both groups will try to get out their constituents on tuesday. it will be a real test of power. the final thing to watch, the country's judges, many are saying they are going on strike. it could shut down the judicial system across the country this week. >> shannon: steve,
. sorry, steve, slope isn't as dramatic. this is a tease. >> i'm steve kornacki and i wouldn't do that. the person we turn to for answers when the arab spring first sprung. >> i'm krystal ball. it's so secret it has to be hand carried from office to office. it's a story the administration divided on one of the most controversial tools. >> i'm susan del percio. s.e.'s on assignment. >> you're in "the cycle" where anything can happen. we're back to work here on "the cycle" today and congress is slowly making its
of this attitude. and now they're just looking like a lost cause. joining me now is steve car kna krystal ball. why doesn't the gop look to chris christie assist a role model? he's the most popular person in their party right now? >> hopefully some in the gop do. you have to remember that a lot of people, a lot of folks in the republican party were very upset with chris christie for being so bipartisan, for -- for daring to compliment the president for his responsiveness in hurricane sandy, so there's still some upset there over that. you know, i think the other thing this points out, you were mentioning, chris christie underscoring how important bipartisanship and cooperation is to voters. the other thing i think it underscores is how effective government is important to voters. peel saw him doing a great job handling hurricane sandy and republicans for so long have been the party of obstructionism, of doing everything they can to keep government from working. that's the other message. people to want see a government that actually works. >> and a government that deals together in crisis, when some
and the museum. up next, economists talk about u.s. economic competitiveness. aol co-founder steve case and former congressional budget office director douglas holtz-eakin. this is 30 minutes. >> next we have a panel on america and where it is going, driving the panel will be steve clemons, the impresario of washington ideas. >> thank you. hey, folks. everybody is running to the thompson riders counter. thank you all for joining us. it's great to be with you. i'm steve clemons, washington editor at large of the atlantic. i want to complement the museum and tell you how historic this is. i know this is a jam packed date. the party is coming up. this is one of three times in the history of the museum that they have allowed an outside group, the other happened to be the president of the united states and onetime madeleine albright when she was secretary of state or something coming in to do a teleconference. this is the third time they've opened up and in byrd for i during the day session, so this is a really great partnership. i wanted thank you for doing this. what we are going to do now
. here to talk about the life and legacy for show box and boxing historian, good to see steve. >> thank you, steve. >> dave: he was an interesting character in and out of the ring, a showman, an entertainer, not just a good boxer, are you surprise the way the sad story ended. we should say, drugs were found where he was shot and he had some drug and crime issues out of the ring. >> unfortunate with some boxers some in common and sad. i can't say that anyone who knew him and i was there at his debut right down the block was that surprised by something like this. >> dave: why? >> because even when he was starting as a boxer, he was living on the edge. there was always drug use, there was always partying. he was an entertainer and he didn't seem to be able to turn off, you know, that part of him when he was outside the ring and he had one good time, great smile, always an entertainer, always a character, but didn't take care of himself and very self-destructive. >> dave: the guy was a very good boxer for over three decades and considering a fight coming back, i think next year, right at ag
on corning at 7%. >> this is a stock -- everyone loves corning technologically including the late steve jobs. it's been a dog of a stock. >> goldman likes things that have exposure to men. >> foot locker and crocks come out as their buys. steve madden is a sell. i think foot locker as nike. those who want to play nike, substantial chinese business and over inventory. you want to say the best way to think about nike going over par, genuine "wall street journal" for 100 is look at foot locker and say they sell a lot of nike. >> they say we favor athletic for the stickier male customer base which sounds disgusting. >> yeah. >> the countdown to christmas marches on. did cyber-monday kill black friday this year? we'll explore that question. santelli talks to sheila bair. here what she has to say about banks, fiscal cliff and bailouts. first, the opening bell. tuesday trading action when "squawk on the street" comes back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with peop
's recap for you some of the other big headlines that have been driving today's session. steve cohen's sac capital receiving a wells notice from the s.e.c. saying it may take civil action against the $14 billion hedge fund. this comes after former sac portfolio manager matthew martoma was accused of running a $276 million insider trading scheme. >>> two firms are making a play for knight capital. >>> all week long on cnbc we're looking at the power players in washington. we are asking their constituents whether or not they are rising above to help solve the fiscal cliff. jane wells is live in the house minority leaders' home state. >> reporter: sue, coming up we're going to go to nancy pelosi's district to ask her constituents what they think of her, what they want from her, and if they're actually worried the fiscal cliff will happen. pg with the emphasis on "lunch" when we come back. >>> in october 2004, our national debt was $7.4 trillion. today that number has more than doubled to over $16 trillion. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the me
they connect back with kris tie in the future. >> third on the to-do list, encourage steve king to stay in the house. he is a republican congressman from iowa and a tea party favorite. why urge him to stay in the house? >> he is a long time congressman from iowa but not -- in the senate race in the state is up in 2014 and he is thinking about running. the problem is as we saw in some of these recent senate elections some of the more conservative tea party candidates didn't do too well in the general election and if steve king ran, he might be a favorite in the party primary but he would have a hard time winning a general election appealing to a more broad base of voters and my colleague interviewed the governor of iowa, the republican governor, terry branstad who all but urged him to stay out of the senate race. >> and michele bachmann, another tea party favorite. >> it is amazing how michele bachmann's star shining so brightly in the presidential race now barely hung onto her house seat in the last election and she has been talked about as a possible senate challenger to al franken in
talking to you, talking to steve forbes and others who talked about the possibility of reforming the entire tax code. that could -- >> this is a great time. you know, the kind of time... and, not only that, let's don't forget the last time that the senate had a budget, it was when harry reid worked with his friend, speaker pelosi and nobody in the 2008 budget complained that it wasn't spending enough money. let's go back to 2008. $2.5 trillion, and cuts off a trillion in spending, right there. >> lou: there are all sorts of ways to get there, as you suggest here tonight, and, as suggested in other forums as well, but the idea that this president an boehner are coming together to have at least a civil discourse over what in the world we're going to do about the fiscal cliff, six weeks remain, are you any more hopeful as a result of the tone they've taken on the first day of discussion? >> well, i wasn't hopeful with the president's tone, when he said -- >> are you being partisan here? >> i'm not being partisan, i am being objective, when i say that the president proposed $1.6 tril
're going to do it my way or no other way? we're going to raise it to 90 -- to 39.6%. steve rattner had a great column yesterday. >> it's a must-read. >> you know there's more than one way to skin a cat, more than one way to raise over a trillion dollars in revenues. it doesn't just have to be the president's way. is the white house going to insist on the 39.6% tax rate, or will they consider the loophole part of it plus capital gains, plus a couple of other things? >> well, it looks to me like the white house has learned something over the course of the last four years which is that you don't start a negotiation by negotiating against yourself. >> right. >> you know, the president's taking a hard line right now because he feels as though he campaigned on this issue pretty strongly for the past year. but the president has been willing to compromise on a lot of things in the past and, you know, it's right for him to stake out a tough negotiating position and then maybe make his way to a less strident or a less -- not strident -- but a less -- a more flexible position down the road. >> yo
administration's story. stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> breaking news tonight on the libya mess. a new allegation that the obama administration still cannot get its story straight after so much time, even as recently as this morning. ironically, this latest charge flows directly out of an attempt at damage control. u.n. ambassador susan rice's trip to capitol hill, she and the acting cia director, michael morell, meeting with republican senators john mccain, kelly ayotte and lindsay graham, who were not pleased with what they heard. >> it is clear that the information she gave the american people was incorrect when she said it was a spontaneous demonstration
the company from several angles. i heard 675 as target. not sure if that's right. >> upswing coming. steve is an old friend of mine. good time to add position. valuation low. earnings momentum. how many citigroup analysts does it take to change -- that's a different piece of research. i do believe that apple is that sweet spot where people are saying that sell-off finished and maybe all of the big selling is done. i don't know how far i can go. i just think that in the end they did miss two quarters. they have to make this quarter. i don't know. they have to make it. >> if it were a man, you say he's not the same man as he was before? apple. if the stock were a person? >> more of an aaron rodgers than eli manning. >> that's not good in light of last night. >> only as good as your last game. >> manning didn't look that great. >> listen, eagles play the carolina panthers. do you want me to -- could you lend me eli tonight? >> who is the starting quarterback for the eagles? >> that's what they're trying to figure out themselves. >> this is far field. >> maybe they'll take smith over there. >>
communicate with strategic a fact. i think you touched, steve, on an important piece which is the superiority conflicts, if i can put it that way. china fell to they were abused by major powers through the 19th century and well into the 20th century. that has an interesting counterbalance, which as they seem to have a bit of a superiority complex about the solutions they are building about how china emerges as a global power. this containment peace is a bit of a challenge. the entire challenge their -- the chinese are making claims with respect to the sea are fairly outrageous. what they're looking for at the end of the day, i think, is respect -- respect at the table and for who they are and what they're doing. somehow we need to find the means to bring these two solitudes together. at the end of the day, any conflict, whether it is kinetic or otherwise, that affects the flow of trade through that part of the world will have an impact globally. >> it is doing it now with china and japan. you have to of the biggest economies in the world in a nightmare situation that raises the fundamental qu
, we were talking in the green room. democrat, republican, steve israel, further out, we have to work together. governor comeau and governor christie. this is not a democrat or republican issue. this is an american issue. we come together and make sure that our citizens survive. i think you'll see us go in with a unified voice trying to say that we have to have the funds appropriated that are necessary to help people to get back on their feet. governor comeau is having a meeting tomorrow, for example, with all of those who are affected in new york. all of the elected so we can try to come together and speak with one voice. i think that is important. and i think that we can do that in a bipartisan manner because all of us have been affected. >> congressman meeks, good to see you. thank you for sharing your photos and the experiences and of course our best to everybody in your district as we continue to check in on them. thank you very much. >>> we will take a break here thank you very much. >>> we will take a break here ani'm a conservative investor.. i invest in what i know. i turned
... steve jobs. >> chris: learner had a second act. she started a cosmetics company called urban decay with edgy colors for women like her and in 1996, she bought the farm. >> historically, people who had the disposable income who made strides in farm, look at george washington or thomas jefferson. >> you are a pretty girl... pretty is as pretty does. >> chris: she raises shires, war horses that go back centuries. scotch highland cattle and, those turkeys, which she says taste better because of the lives they lead. >> chris: how much does one of these turkey cost as compared to what i get in the grocery store. >> our turkeys are expensive, they are between, i think they are running 160 to $200. >> chris: at those prices there are questions about how to make this kinds of farming profitable. but, while she is determined to run a sound business, it is not just about the bottom line. there's a 40 room mansion on the farm. >> chris: what is it like living there? >> i don't know. >> chris: what do you mean. >> i don't know, i live in a log cabin and i love it. >> chris: do you think you are
more money from the city. we're keeping them honest, next. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to vis
... [ all ] i'm with scottrade. >>> i'm steve kornacki. november 28th, 2012. a date america may remember as the series finale of "the cycle." yeah, w
, creative artists agency foundation, entrepreneur steve portman he ran for gubernatorial nomination a couple of years ago. and it's focused on providing a new kind of education on the ipad for boomers and particularly focused on careers that have social impact. they believe are going to launch in september. i can tell you whether they will succeed or not but i was struck by the fact that this was a significant investment that was made and it was a collaboration between public and private institutions, a development that i'm much closer to and that i mentioned earlier is the film -- [inaudible] we were in partnership with one of the producers of that sound and in fact we have been doing a contest called the marigold ideas in which people over 50 in communities around the country each month get 5000-dollar prices for an idea for social change in their community. one person each month gets to go with the rose color -- rhodes scholar. they're still a couple of months left in the contest so i encourage anybody to enter. it was a film that was made for $10 million it was made upwards of $125 milli
. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >> hi, everyone. i have your fox business brief. after nearly four years, mary schapiro is stepping down as chairman of the agency effective december 14. charlie gasparino first reported shapiro's up archer. president obama intends to have -- step in when shapiro steps down next month. unauthorized trading by u.s. customers. customers were allowed to trade on the future prices of commodities of other items. macgraw hill is planning to sell its education business to apollo management for $2.5 billion. that is the latest from the fox business network. giving you the power to prosper. ♪ dagen: president obama and house speaker john
after this. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba divi the great barrier reefith sharks, or jumping into the marke he goes witpeople he trusts which is why he tde with a company that doesn't nickel and dime him with hidden fees. socan worry about other things, like what the market is doing andeing ready, no matter what happens, which isn't rocket scice. it's just common sense, from td ameritrade. >> i'm adam shapiro with the dow reversed its triple digit fall and went positive following optimistic comments from both president obama and house speaker john boehner. on the fiscal cliff negotiations. >>> allstate says superstorm sandy will cost it more than one billion dollars. the insurance company says 2/3 of the losses are in new york state, with the rest in new jersey and other states. sandy is expected to be the second most expensive disaster in u.s. history behind hurricane katrina. allstate is the largest publicly-traded home and auto insurer in the united states. >>> your holiday travel plans will cost you more this year. travel
a couple of people who have been instrumental in pulling this together, steve redburn who has been our colleague and working with us on this project. he'll be writing up a narrative on the event kind of looking at what lessons we've learned from the 1990 summit for today. steve will be with us for this project. also alison grant with the bipartisan policy center and drummond with think center have been helpful. we know that each generation seems to meet -- to meet a moment that needs to overcome thesen triff gal motion of the political process. we don't have markets like greece to help us, we have a sequester, $65 billion, and starting in january 13, we have a range of tax cuts that are due to expire. in total there's a $560 billion swing in the deficit if we simply let the automatic sequesters go into effect and the tax cuts turn off and some other spending also go into effect or 3.7% of g.d.p. that's good muse for the -- nows for the deficit, bad news for the economy, so we may administer the treatment and the patient may die. that's the challenge we're facing as leaders in a divided
tomorrow, sunday morning at 8:00. we'll have democratic congressman, steve cone and the situation in gaza and the crazy news out of eyipt. mohamed morsi, one of the most fascinating world figures. one day i helps negotiate a cease-fire and the next doe layers himself a unilateral dictator. we are going to dive deep and look at the outcome and the winners from losers from the gaza situation and we will be talking about susan rice an the future of foreign policy. >>> coming up next, melissa mayor ris perry. wi what will the first lady do with her second term? that and the definition of family when melissa harris perry ges gets going next. we'll see you right here tomorrow at 8:00. thanks for getting up. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores.
on them and they are well prepared to handle this and founder of the firm, steve cohen, is personally responsible for this. cohen said he was present at the beginning of the call and turned it over to his president and said we take these matters seriously and i'm confident that i acted appropriately. nonetheless, you guys, this is definitely a difficult chapter for them because you have a situation in which cohen has been implicated in the events with former trader mathew martoma because he partook in discussions but now the firm they founded in 1992 may be charged on a corporate level. >> kate, you know, another firm -- i think this could be in some ways we've seen it almost a death blow. outside investors even just with the wells notice can often times pull their money. as we pointed out many times, $9 billion of what i've told is 15 billion overall in assets at s.a.c. is either mr. cohen or that of his employees. even if you were to pull out, it remains a huge hedge fund. their investor base is toughened at this point as well. >> those are fair points. there seems to be a growing l
. and steve overmyer far it seems to be that's where he's headed. i'm waiting for ryan to say something to jump into this debate about revenue and whether he's going to hold the line there where a lot of republicans have been modifying their position. but so far he's been very quiet since the election's ended. i think he's trying to figure out his postelection role in the gop and maybe whether he's going to set himself up to run for president in 2016 or not. >> i suspect he's got a good future ahead of him, but we'll see. the president has invited mitt romney for lunch tomorrow over at the white house. listen to jay carney, the white house press secretary, talk about it. >> i don't have an agenda for the lunch. the president as he said then looked forward to having this meeting with governor romney. it's a private lunch. only the two men will be in the room. and i'm sure it will be a useful discussion. >> i see a bit of evolution happening in this relationship between romney and the president. do you? >> you know, a little bit. i'm not so sure we're going to be seeing mitt romney and ba
point that steve rattner made over the weekend which is all the guys and the women i know on wall street, none of them have ever become less energetic, less workaholics because of the capital gains rate at 25%. >> or 39.6%. >> hey, can i ask you about that, because -- help me understand this. we have a lot of people talking about how we need to 0 raise more taxes. >> sure. >> and i hear -- i hear the president talking about moving the top tax rate up to 39.6%. and i'm just wondering, is that as equitable an approach when a lot of really rich guys and women look at that 39.6%? right now i'm never going to pay that. >> yeah. >> would it be better to raise the capital-gains tax and say 15 to 20 or 15 to 25 percent would that help with income disparity a bit more? >> well, that's why i suggest a minimum tax, because you're absolutely right. of the 400 highest incomes in 2009, which average $200 million apiece, a quarter of the people paid at a rate under you 15%. so the only way to get it back is to have a minimum tax. >> how many of those would you bet, if you had to make a bet, paid 39.6%?
, 2012. i hereby appoint the honorable steve womack to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our chaplain, father conroy. chaplain conroy: let us pray. gracious god, we give you thanks for giving us another day. you have blessed us with all good gifts and this past week with grateful hearts we gathered with family and loved ones throughout this great land to celebrate our blessings together. bless the newly elected members of the 113th copping who resume their orientation on capitol hill. give them call and confidence as they prepare for a new role as servants of our nation's citizens. bless the members of the people's house who have been entrusted with the privilege to serve our nation, all americans in their need. grant them to work together in respect and affection and to be faithful in the responsibilities they have been given. at the end of the 112th congress approaches and much is left to be done, bestow upon them all the gifts of wisdom and discernment that
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